National Iranian Oil Company (NIOC) announced that negotiations with Denmark‘s Maersk Group over the development of South Pars oil production project is underway. “Parallel talks have started with other multinationals to undertake the megaproject,” said Karim Zobeidi, the head of a special department at NIOC that oversees the performance of reservoirs, ISNA reported. Pointing to…
Representatives of Austria’s OMV and some other leading energy companies of the country in the meeting of Iran-Austria Joint Energy Committee in Tehran on Saturday expressed their willingness to participate in Iran’s oil projects. The meeting was also attended by representatives from National Iranian Oil Company (NIOC), National Iranian Gas Company (NIGC), Iran’s National Petrochemical…
National Iranian Oil Company (NIOC) will sign into three accords with France’s Total and Royal Dutch Shell over development of three oil and gas fields of Iran. Following the signing of an Agreement in Principle (AiP) with France’s Total S.A. company on development of South Pars Phase 11, the French firm will seal two more…
Lukoil is interested in participating in the projects in Iran if it gets the right to manage a part of oil, but would not agree to exclusively service, said Lukoil’s Vice President Leonid Fedun in an interview with TASS on Saturday. “I am aware, they have drafts of a new oil contract, which is a…
A top official with National Iranian Oil Company (NIOC) Mohsen Qamsari said on Wednesday that Iran’s oil exports to Europe has risen to 700,000 b/d. Iranian oil exports to European countries had nearly stopped during sanctions. After the implementation of the Joint Comprehensive Plan of Action (JCPOA) in January, the European countries resumed oil imports…
